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Siemens, Intro Group to build power plants in Egypt, the region. PLUS: News from the SCZone, Cheiron, Qasatli, Mashreq, and EdVentures.
The two firms will establish facilities producing a combined 300 MW of power by 2030
Suez Canal transit fees to rise next year. PLUS: News from the FRA
The government now expects canal revenues to rise by more than a third this year to USD 10.3 bn
Alfa eyes stakes in three Cairo hospitals. PLUS: Gold news from Aton and Naguib
In 2021, Alfa announced a EGP 5 bn Egypt investment plan to wrap up in 2026
Elsewedy and Al Kharafi grab electricity transformer station contracts
The government has EGP 7 bn project to establish nine transformer stations in partnership with the private sector
Saudi healthcare giant invests USD 100 mn in Alex project. PLUS: Centamin to invest USD 440 mn in Egypt over two-year period
Saudi German Hospital’s parent group will invest the money in its Batterjee Medical City complex
Gov’t wants to start drawing on the EBRD’s financial contribution to the NWFE energy project. PLUS: News from Pachin, Vezeeta, Contact Financial, Roboost, and McDonald’s.
The EBRD has pledged USD 200-300 mn to the energy pillar of NWFE, which aims to replace aging gas-fired power…
Orascom’s Giza plateau revamp to go live in 1Q 2024. PLUS: News from Vezeeta, TCI Sanmar and the House.
The company has completed 95% of the EGP 1 bn project
Egypt, Turkey mull local currency trade. PLUS: News from Rology, Taqa x Aman, and Telecom Egypt
Egypt wants to boost trade with Turkey by 50% to USD 15 bn in five years
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